Mëtal Bikër said:But you don't have any facts either, just a "logical" summation of what makes the most sense to you. You've no right to hold the knowledgable stance when you can only disprove anyone else when having a viewpoint such as that.Sugarloaf said:Mëtal Bikër said:In other words, you don't know. But you're prepared to pooh-pooh anyone who shows even a modicum of logical sense.
Logic and facts are two different things. It's logical that they could've sold off some assets as well, but this is all hearsay. They will sell one day for a healthy profit, and everyone will say, "WTF was all that about?"
Glazer could be doing a business master stroke OR he could be fucking you over, and by what many Blues on here have seen and commented on, it's most likely the latter.
The club has announced profits of 100 million in the past year. When next years results come out it will be even more, after the 70 million windfall from reaching the Champions league final etc..
The Glazers could take this money if they wanted to. The reason they don't, is because the success of the team means that the overall value goes up. They owe 477million on paper, but we know the club is worth over a billion. The sale of the club will bail out all of their other debts in one fell swoop and earn them a tidy profit. It will be monumental.